W.W. Grainger’s daily sales rise 12 percent in February, partly on acquisitions

By AP
Wednesday, March 10, 2010

W.W. Grainger’s daily sales up 12 percent in Feb.

CHICAGO — W.W. Grainger Inc. said Wednesday that its daily sales rose 12 percent in February on acquisitions, seasonal product sales and favorable foreign exchange rates.

The company, which supplies industrial maintenance and safety products to manufacturers and government offices, said its sales climbed 4 percent excluding acquisitions, seasonal sales and foreign exchange.

There were 20 selling days in the month and the year-ago period.

Shares of W.W. Grainger gained 21 cents to $107.77 in afternoon trading. The stock hit a fresh 52-week high of $108.33 in earlier trading.

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